"We will openly coordinate with the investors who are interested to invest in Indonesia, and will offer protection through export credit insurance," the CEO of ICIEC, Oussaama A Kaissi, said here on Tuesday.
The ICIEC is a specialized financial institution of the Islamic Development Bank (IDB) which is aimed at boosting trade among member countries, facilitating direct foreign investment and providing reinsurance facilities for national export credit agencies of the member states.
Kaissi stated that solving infrastructure related financial problems is one of the IDBs main focus areas in Indonesia.
According to him, the resources available with the private sector can make a significant contribution in financing development.
In addition to infrastructure, the trade sector also needs to be improved in order to achieve development goals, he added.
Meanwhile, the CEO of Islamic Trade Finance Corporation, Hani Salem Sonbol, explained that trade can be enhanced by increasing public awareness about trade financing in keeping with Islamic principles.
"Changes in trade finance in Indonesia have encouraged us to take concrete steps to provide financial solutions for trading based on Sharia that can contribute to the socio-economic development and growth in Indonesia," Sonbol stated.(*)
Editor: Heru Purwanto
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